The role of Waqf-Sukuk in addressing the budget deficit : the Indonesian experience as a model
Author
Source
Revue Algérienne de Finances Publiques-The Algerian Journal of Public Finance
Issue
Vol. 11, Issue 1 (31 Dec. 2021), pp.37-54, 18 p.
Publisher
University of Abou Bekr Belkaid Tlemcen
Publication Date
2021-12-31
Country of Publication
Algeria
No. of Pages
18
Main Subjects
Topics
Abstract EN
This study aims to highlight the role of Waqf -Sukuk in financing the public Budget deficit as a legitimate alternative to traditional financial tools based on usurious interest.
In the light of which some mechanisms have been devised that help develop the role of endowment instruments in addressing financial gaps and forms of budget deficits that countries suffer from.
The study concluded that it is necessary to activate the role of the Waqf -Sukuk in addressing budgetary imbalances in a way that can benefit from its financing advantages, chief among which is the ability to provide sufficient liquidity that the state needs to expand the base of projects in both the economic and social aspects.
Jel Classification Codes: G229
American Psychological Association (APA)
Abu Harb, Hakim. 2021. The role of Waqf-Sukuk in addressing the budget deficit : the Indonesian experience as a model. Revue Algérienne de Finances Publiques-The Algerian Journal of Public Finance،Vol. 11, no. 1, pp.37-54.
https://search.emarefa.net/detail/BIM-1296847
Modern Language Association (MLA)
Abu Harb, Hakim. The role of Waqf-Sukuk in addressing the budget deficit : the Indonesian experience as a model. Revue Algérienne de Finances Publiques-The Algerian Journal of Public Finance Vol. 11, no. 1 (2021), pp.37-54.
https://search.emarefa.net/detail/BIM-1296847
American Medical Association (AMA)
Abu Harb, Hakim. The role of Waqf-Sukuk in addressing the budget deficit : the Indonesian experience as a model. Revue Algérienne de Finances Publiques-The Algerian Journal of Public Finance. 2021. Vol. 11, no. 1, pp.37-54.
https://search.emarefa.net/detail/BIM-1296847
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 53-54
Record ID
BIM-1296847